Maharashtra to raise $270 m from Green Climate Fund

The 2030 Water Resources Group (2030WRG) will help the Maharashtra Government raise $270 million through the Green Climate Fund, which will be invested in integrated watershed programmes such as Jalyukt Shivar Yojana.

The Green Climate Fund (GCF) is a new fund under the UN and is guided by the principles and provisions of the UN Framework Convention on Climate Change. The 2030WRG is hosted by the International Finance Corporation and is a public-private-civil society collaboration for water resources reform in developing economies. Its ultimate aim is to close the gap between water demand and supply by the year 2030.

One of the areas of work under the platform will be an acceleration of water use efficiency programme in irrigated areas, along with agriculture growth and income enhancement. It will also develop public-private-community partnership models for implementation of the programmes.

Green Climate Fund (GCF)

The GCF is a fund under the UN. It is guided by the principles and provisions of the UN Framework Convention on Climate Change. It aims to help developing countries to finance clean energy projects other mitigation efforts and adaptation to climate change.

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